About the Event
- Event Name: Saudi Arabia Jewellery Exposition (SAJEX) 2025
- Dates: September 11–13, 2025
- Venue: Jeddah Superdome, Saudi Arabia (world’s largest dome structure without pillars).
- Organisers: Gem & Jewellery Export Promotion Council of India (GJEPC), in association with:
- Consulate General of India, Jeddah
- Embassy of India, Riyadh
- Ministry of Commerce & Industry, Government of India
- Support: Ministry of Investment of Saudi Arabia, Jeddah & Makkah Chambers of Commerce.
Key Highlights of SAJEX 2025
Scale:
- 200+ exhibitors, 250 booths, 2,000+ business visitors & global buyers.
- Showcases: diamond jewellery, coloured gemstones, bridal collections, gold (18k, 21k, 22k), lab-grown diamonds, and jewellery technology.
Cultural Diplomacy:
- Jewellery-fashion show curated by an Indian designer.
- Indian musical ensemble performance.
Business Impact:
- India-Saudi gems & jewellery trade in FY25: $890 million (part of $52.8 billion bilateral trade).
- Saudi jewellery market: $4.5 billion in 2024 → projected $8.3 billion by 2030.
- High per capita jewellery spend in Saudi: $320 annually.
India’s Credentials:
- Global gems & jewellery sector size: $165 billion (Retail: $85B, Exports: $30B, Bullion: $50B).
- India exports $32 billion worth gems & jewellery (2024-25).
- Processes 1 billion+ diamonds annually (65% of value, 92% of volume in global trade).
- FDI inflows in gems & jewellery sector rose 315% in FY25 (part of $50B overall FDI).
Parallel Event:
- World Jewellery Investment Forum 2025 alongside SAJEX.
- Topics: Trade facilitation, GCC retail & manufacturing trends, investment, transparency, labs & certification.
- Participants: Saudi govt officials, GJEPC, Govt of Maharashtra, global industry leaders.
Strategic Importance
- Supports Saudi Vision 2030 (economic diversification, luxury & retail growth).
- Aligns with India’s “Viksit Bharat 2047” vision (expansion of trade & global manufacturing leadership).
- Strengthens India-Saudi Arabia ties in gems & jewellery, a sector central to Make in India exports.
- Expected to position Saudi Arabia as a regional jewellery hub in the GCC & global value chain.
About Jeddah Superdome
- Recognised by Guinness World Records as the world’s largest dome structure without internal columns.
- Located in Jeddah, Saudi Arabia – a prime venue for global expos & conventions.
Saudi Arabia – Key Facts
- Capital: Riyadh
- Currency: Saudi Riyal (SAR)
- GDP (2025): ~$1.1 trillion (largest economy in Gulf).
- Vision 2030: National transformation plan to diversify economy beyond oil.
- Jewellery sector projected CAGR: 10.6% (2024–2030).
India’s Gems & Jewellery Sector
- Accounts for ~7% of India’s GDP & ~10–12% of merchandise exports.
- Major hubs: Surat (diamond cutting & polishing), Mumbai (gold & diamond trade), Jaipur (gemstones), Hyderabad (pearls), Coimbatore & Kolkata (gold & traditional jewellery).
- GJEPC (est. 1966): Apex body under Ministry of Commerce & Industry, promotes Indian gem & jewellery exports.
- India is the largest diamond cutting & polishing centre in the world.
India–Saudi Bilateral Trade
- India is Saudi Arabia’s 2nd largest trading partner.
- Bilateral trade FY25: $52.8 billion.
- India’s major imports: crude oil, petrochemicals.
- India’s major exports: gems & jewellery, rice, chemicals, machinery, and IT services.